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German Online Sportsbooks

Germans love betting on a variety of sports including football and basketball although there are plenty of other sports that Germans have started betting on as well in recent years. Online sports betting is legal in Germany, but right now the only regulated sportsbook in the country is run by the government. Oddset is operated in Germany by the government and they have a monopoly on all sports betting that takes place in the country legally right now although the European Union is trying to make Germany change their current laws.

Best Sportsbook in German

A lot of Germans don’t like betting with Oddset because they have much higher juice worked into the odds and they don’t offer nearly as many betting options as other online sportsbooks. Germany tried blocking all online sportsbooks from operating in the country, but this hasn’t worked and they even lost in court when they tried blocking Bwin from operating in Germany.

Ever since Bwin successfully entered the German market without being prosecuted a lot of other sportsbooks have started offering accounts to German residents. There are a lot of online sportsbooks throughout Europe/UK and offshore where players can wager on any sport imaginable along with other types of bets as well. Germans will find that online sportsbooks not licensed in Germany offer betting opportunities including the ability to bet on live sport events while they’re being played.

One problem in Germany is that the country levies a huge tax on online sportsbooks. Right now the only online sportsbook is Oddset and they need to have a large tax to operate in Germany. Due to the large tax you can expect the betting odds to be a lot worse than what you can expect to find in an online sportsbook that doesn’t need to worry about paying the German sports betting tax.

A few large online sportsbook companies operate in Germany without being regulated, but that doesn’t mean that they aren’t safe to bet at. You can make easy deposits, find the best available odds and as long as you stick with the German online sportsbooks that we recommend you won’t have a problem. One area where Germans will have some problems is with depositing and withdrawing money from your account.

There are a few deposit options available to Germans only that work well for depositing to online sportsbooks, but not all German sportsbooks accept the German deposit methods. If you have a credit card it’ll most likely be blocked in Germany, but you could still use your credit card by using an e-wallet like Moneybookers. When you sign-up for a free e-wallet account you can send/receive money from any online sportsbook instantly and it’s by far the safest and easiest way to fund your online German sportsbook account.

German sportsbooks provide odds on tons of sports including football leagues, basketball leagues, hockey leagues and many other popular sports. Once you get through the initial process of signing up and making your first deposit the hard work will be done and you’ll be able to focus on making money from betting on sports.